Annotated Bibliography on Management and Innovation Annotated Bibliography

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Nambudiri, R., & Jayasimha, K.R. (2008). Performance management at the national institute of management. Richard Ivey School of Business Foundation, 1-25.

In 2008, Professors Ranjeet Nambudiri and K.R. Jayasimha, a pair of researchers working with the Richard Ivey School of Business Foundation, conducted a case study of the existing performance management systems in place at the National Institute of Management - Central India campus (NIM CI campus), one of India's most prestigious business schools. Their goal was to critically examine the performance management strategies engineered and implemented by the director of the NIM CI campus, ascertaining their various advantages and liabilities, while also comparing the current plan to an alternative proposed by the school board of director's management committee. The resulting case study, entitled Performance Management at the National Institute of Management (Central India Campus) (A), explored the complex issue of performance management from the varying perspectives of the different stakeholders involved, including the school's teaching faculty, its senior management structure, and even ordinary students.

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At the heart of the strategic management debate which consumed the NIM CI campus in debate during 2008 was the practice of properly incentivizing work activities and motivating the workforce to achieve high standards. The director of the NIM CI campus had devised and deployed a "transparent, unit-based work measurement and reward system" which "specified a range in terms of a minimum number of units beyond which the faculty members were monetarily compensated and a maximum number of units above which faculty members were not compensated" (Nambudiri & Jayasimha, 2008), and he advocated for the retention of the current system.

Among the other advantages to the NIM CI campus' unit-based philosophy of strategic management were the autonomous conditions afforded to teachers planning their….....

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